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Behavioral law and economics / edited by Cass R. Sunstein

Contributor(s): Series: Cambridge series on judgment and decision makingPublication details: New York : Cambridge University Press, 2000.Description: xiv, 431 p. : 24 cmISBN:
  • 9780521667432 (pbk)
Subject(s): DDC classification:
  • 330.01 SUN
Online resources:
Contents:
Introduction- Part I. Overviews and prospects- 1. A behavioral approach to law and economics- Part II. Heuristics and biases: shortcuts, errors and legal decisions- 2. Context-dependence in legal decision-making- 3. A positive psychological theory of judging in hindsight- 4. Behavioral economics, contract formation, and contract law- 5. Organized illusions: a behavioral theory of why corporations mislead stock market investors (and cause other social harms)- 6. Reluctance to vaccinate: omission bias and ambiguity- 7. Second-order decisions- Part III. Valuation: values and dollars in the legal system- 8. Experimental tests of the endowment effect and the cause theorem- 9. Assessing punitive damages (with notes on cognition and valuation in law)- 10. Framing the jury: cognitive perspective on pain and suffering award- 11. Behavioral economic analysis of redistributive legal rules- 12. Do parties to nuisance cases bargain after judgment? A glimpse inside the cathedral- Part IV. The demand for law: why law is as it is- 13. Some implications of cognitive psychology for risk regulation- 14. Explaining bargaining impasse: the role of self-serving biases- 15. Controlling availability cascades- 16. Cognitive theory and tax- Index.
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Introduction-
Part I. Overviews and prospects-
1. A behavioral approach to law and economics-
Part II. Heuristics and biases: shortcuts, errors and legal decisions-
2. Context-dependence in legal decision-making-
3. A positive psychological theory of judging in hindsight-
4. Behavioral economics, contract formation, and contract law-
5. Organized illusions: a behavioral theory of why corporations mislead stock market investors (and cause other social harms)-
6. Reluctance to vaccinate: omission bias and ambiguity-
7. Second-order decisions-
Part III. Valuation: values and dollars in the legal system-
8. Experimental tests of the endowment effect and the cause theorem-
9. Assessing punitive damages (with notes on cognition and valuation in law)-
10. Framing the jury: cognitive perspective on pain and suffering award-
11. Behavioral economic analysis of redistributive legal rules-
12. Do parties to nuisance cases bargain after judgment? A glimpse inside the cathedral-
Part IV. The demand for law: why law is as it is-
13. Some implications of cognitive psychology for risk regulation-
14. Explaining bargaining impasse: the role of self-serving biases-
15. Controlling availability cascades-
16. Cognitive theory and tax-
Index.